Understanding benchmark regulations and the transition from IBOR can be daunting, but our practical guidance is specifically designed for legal professionals. Stay informed with essential insights into compliance requirements, recent legal developments, and industry impacts. Equip yourself to advise your clients effectively on the evolving landscape of financial benchmarks, ensuring seamless adaptation to the new standards.
The Office of Financial Sanctions Implementation (OFSI) has published guidance stating that it will apply a presumption of denial, with immediate...
A round-up of financial services developments...
Law360, London: An executive director at the Financial Conduct Authority (FCA) urged law firms on 17 September 2026 to work with law enforcement...
MLex: UK law firms should not expect to be ‘caught out’ by the Financial Conduct Authority (FCA) when it takes over anti-money laundering (AML)...
Financial Conduct Authority—Principles for Businesses (PRIN)This Practice Note explains the Principles for Businesses (PRIN) set down by the Financial...
The Competition and Markets Authority (CMA) has identified several breaches by Monzo Bank Limited (Monzo) of the Retail Banking Market Investigation...
Insurance conduct regulation—COBS and ICOBSThe Financial Conduct Authority Handbook (FCA Handbook) includes sourcebooks to regulate the conduct of...
Second charge mortgage regimeSecond charge mortgages definedA regulated second charge mortgage is a loan secured on a borrower’s property that is used...
Priority between loss reliefs in loss making companiesWhy does it matter?A company that is a member of a group and has incurred any of the types of losses available for surrender by way of group relief may, without any further rules, have more than one way in which to use the loss. There are a
If a rentcharge is shown as being informally exonerated on title information, does this apply to the current registered owner? Or does the informal exoneration only apply to the parties to the document which informally exonerated the rentcharge?This Q&A considers the situation where, at some point
Glossary—Latin legal termsDespite attempts in recent years to simplify the language used in legal cases, there are still a number of Latin phrases commonly used in personal injury claims. The following Latin phrases are listed in alphabetical order:Latin termDefinitionMeaningActa iure imperiiLegal
Template for regulatory references given by SMCR firms and disclosure requirements[Insert addressee details]Dear [insert name][It is our understanding that [insert name of prospective employee] [was an employee of yours between the dates of [insert dates as appropriate] OR is a current employee of
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